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  #6  
Old 04-13-2005, 06:52 PM
Frederick Jorden
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Default Re: Harmful rumor about educational deductions

William Brenner wrote:

- quote -

> A belated check of Pub 17 indicates that the federal $250
> deduction was renewed for 2004. Probably thanks to the NEA.


Yes, that is right! The party the NEA supports has a
minority in the House and Senate. See how your dues helps
you.

--
Frederick E. Jorden http://Tax-Accounting-Payroll.com
7825 Midlothian Tpk - 207 Richmond, VA 23235-5247
EMAIL knowtax[at]bigfoot.com
(804) 320-6210 FAX (804) 320-6211

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  #5  
Old 04-13-2005, 06:52 PM
A.G. Kalman
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Default Re: Harmful rumor about educational deductions

Nan, EA in LA wrote:

- quote -

> We do 600+ returns including maybe 75% teachers. In the
> last couple of weeks clients from 3 local LA districts plus
> a USC professor have reported "hearing" (including a report
> of an email going around) that "the governor" has eliminated
> all classroom deductions from tuition to supplies. One
> teacher reported she simply hadn't kept her receipts (which
> usually run $500 to $800 spent on her students) because she
> was told they didn't count any more.
> I'm furious and trying to track down the source.
> That last example is not a person who would understand that
> EBE is regulated by the Feds, not the state, but that
> doesn't excuse the source that started this.
> Anyone else hear anything similar?


I'm not sure what you are referring to. The educator
expense deduction never has existed in CA as CA never
conformed to the federal law that implemented the $250
deduction. CA law does conform to federal law on
unreimbursed employee job expenses. No adjustment is
required on the CA return for this type of misc. itemized
deduction. There has always been debate on whether the
supplies a teacher provides and pays for is deductible as an
itemized misc. deduction. I will merely say that is always a
matter of facts and circumstances.

Our Gov. has no authority to unilaterally change the CA
Revenue Code.

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  #4  
Old 04-13-2005, 06:14 PM
Larry
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Default Re: Harmful rumor about educational deductions

jbjr[at]webtv.net (William Brenner) wrote:

- quote -

> A belated check of Pub 17 indicates that the federal $250
> deduction was renewed for 2004. Probably thanks to the NEA.


Actually, it was probably thanks to a law passed in October
by a body of which many were seeking re-election in
November.

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  #3  
Old 04-12-2005, 09:33 PM
clj1219@aol.com
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Default Re: Harmful rumor about educational deductions

We now have in place a tax rule, in Georgia, whereby
educators (teachers apparently) can get an additional $250
credit for expenses since it was believed that this did not
have any effect on your state tax. Didn't someone in our
state legislature read a 1040 to see that the federal amount
comes off the AGI, which is *then* used to computer your
state taxable income.

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  #2  
Old 04-12-2005, 09:14 PM
William Brenner
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Default Re: Harmful rumor about educational deductions

A belated check of Pub 17 indicates that the federal $250
deduction was renewed for 2004. Probably thanks to the NEA.

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  #1  
Old 04-12-2005, 08:36 PM
Harlan Lunsford
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Posts: n/a
Default Re: Harmful rumor about educational deductions

Nan, EA in LA wrote:

- quote -

> We do 600+ returns including maybe 75% teachers. In the
> last couple of weeks clients from 3 local LA districts plus
> a USC professor have reported "hearing" (including a report
> of an email going around) that "the governor" has eliminated
> all classroom deductions from tuition to supplies. One
> teacher reported she simply hadn't kept her receipts (which
> usually run $500 to $800 spent on her students) because she
> was told they didn't count any more.
> I'm furious and trying to track down the source.
> That last example is not a person who would understand that
> EBE is regulated by the Feds, not the state, but that
> doesn't excuse the source that started this.
> Anyone else hear anything similar?


Yes, even I in LA have heard something similar Over on the
NAEA web board to be exact.

This relates only to the Kahleee fornya returns and not
federal.

ChEAr$$$,
Harlan Lunsford, EA n LA
11 Apr 2005
4 days and counting...... down.....\

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Old 04-12-2005, 07:57 PM
William Brenner
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Posts: n/a
Default Re: Harmful rumor about educational deductions

It appears that, unless they have been reinstated, the rumor
might be true for both California and federal returns:

http://www.commondreams.org/cgi-bin/...04/0915-24.htm

A Google search for "teacher supply tax deduction" (without
quotation marks) will reveal other references.

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  #-1  
Old 04-11-2005, 06:13 PM
Nan, EA in LA
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Posts: n/a
Default Harmful rumor about educational deductions

We do 600+ returns including maybe 75% teachers. In the
last couple of weeks clients from 3 local LA districts plus
a USC professor have reported "hearing" (including a report
of an email going around) that "the governor" has eliminated
all classroom deductions from tuition to supplies. One
teacher reported she simply hadn't kept her receipts (which
usually run $500 to $800 spent on her students) because she
was told they didn't count any more.

I'm furious and trying to track down the source.

That last example is not a person who would understand that
EBE is regulated by the Feds, not the state, but that
doesn't excuse the source that started this.

Anyone else hear anything similar?

Nan, EA in LA

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deductions, educational, harmful, rumor
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